The Dixit entry/exit real option model, modified to accommodate a milk price support regime, was applied to the entry/exit decisions of New York dairy farmers. Results varied by farm size, but for the 500-cow farm the entry milk price is $19.09 and the exit milk price is $11.66 when farmers were allowed to continuously enter and exit the industry. With no option to ever return to dairy farming, the exit milk price falls to $10.00
The typical life-cycle of a farm involves growth in size and income through investment at younger fa...
Dairy producers confront increasing price risks from both inputs and outputs as the prices of milk, ...
As with most agriculturalindustries, the U.S. dairy industry has evolved into a structure including ...
The Dixit entry/exit real option model, modified to accommodate a milk price support regime, was app...
The Dixit entry/exit real option model was applied to the entry/exit decisions of New York dairy far...
E.B. 2010-01Recent low milk prices may cause some dairy farmers to think that now may be the time to...
This paper uses real-options analysis to examine the investment and disinvestment decisions of dairy...
Data on the number of Pennsylvania dairy farms by size category are analyzed in a Markov chain setti...
The effects of dairy program scenarios, including recent legislation and two alternative support pro...
After the abolition of the milk quota in the European Union, milk price volatility is expected to in...
This study addresses a common empirical problem where researchers are only able to obtain financial ...
This paper is separated into three distinct chapters investigating different aspects of the Maine da...
The U.S. dairy industry has operated under a price support program since 1949. Between 1949 and 1980...
The U.S. dairy industry has seen major restructuring in the last few decades. The number of U.S. dai...
A.E. Ext. 83-02Using 1981 production, revenue, and cost data from Cornell University's sample of 553...
The typical life-cycle of a farm involves growth in size and income through investment at younger fa...
Dairy producers confront increasing price risks from both inputs and outputs as the prices of milk, ...
As with most agriculturalindustries, the U.S. dairy industry has evolved into a structure including ...
The Dixit entry/exit real option model, modified to accommodate a milk price support regime, was app...
The Dixit entry/exit real option model was applied to the entry/exit decisions of New York dairy far...
E.B. 2010-01Recent low milk prices may cause some dairy farmers to think that now may be the time to...
This paper uses real-options analysis to examine the investment and disinvestment decisions of dairy...
Data on the number of Pennsylvania dairy farms by size category are analyzed in a Markov chain setti...
The effects of dairy program scenarios, including recent legislation and two alternative support pro...
After the abolition of the milk quota in the European Union, milk price volatility is expected to in...
This study addresses a common empirical problem where researchers are only able to obtain financial ...
This paper is separated into three distinct chapters investigating different aspects of the Maine da...
The U.S. dairy industry has operated under a price support program since 1949. Between 1949 and 1980...
The U.S. dairy industry has seen major restructuring in the last few decades. The number of U.S. dai...
A.E. Ext. 83-02Using 1981 production, revenue, and cost data from Cornell University's sample of 553...
The typical life-cycle of a farm involves growth in size and income through investment at younger fa...
Dairy producers confront increasing price risks from both inputs and outputs as the prices of milk, ...
As with most agriculturalindustries, the U.S. dairy industry has evolved into a structure including ...
DOI
Add to ORKG